Intel (INTC) Board Restructuring Amid Strategic Changes

Mar 27, 2025

Intel (INTC, Financial) announced significant changes to its board of directors as part of its strategic realignment under new CEO Lip Bu-Tan. Departing from the board are Omar Ishrak, Tsu-Jae King Liu, and Risa Lavizzo-Mourey. In their place, industry veterans Eric Meurice, former CEO of ASML (ASML), and Steve Sanghi, Chairman of Microchip (MCHP), have joined as independent directors. These appointments are aimed at bolstering the company's semiconductor expertise. Intel's annual shareholder meeting is scheduled for May 6.

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